Multi-Family•Low-Rise/Garden•For Sale

Legacy Apartments

808 Avenue H, Levelland, Texas 79336

Sale Price Market
Stories 2
Cap Rate 11.29%
Gross Bldg 13,500 SqFt
Land Area .49 Acres
Project Size 32
Net Op Inc $50,801
Market West Texas
Sub-Market Levelland
The Legacy Apartments is a 32 unit property located in Levelland TX south of the downtown square. It's a very attractive price per door at only about $14,000/unit. It currently has low occupancy and is well below the city average. With some TLC and hands-on management, this place can be turned around and be a suitable investment for someone. Levelland
  • Close to the downtown square
  • Assumable Loans at 5%
  • Loans due in 2036
  • Plenty of upside potential
  • Currently an all bills paid property - add additional value by implementing RUBS
4/17/2019 2:33:26 PM 4/17/2019 2:35:02 PM

LEAVE A MESSAGE

0/100
Human? type 995 below...
dummy toaster to trick _toastr script loaded by scripts.js Show Default